Latest Updates On Housing Interest Rates
- By Kathleen Howley|Decline in Mortgage Rates Gains Real Steam
The average interest rate for a new 30-year mortgage dropped to 7.03% this week, the lowest since mid-August
By Kathleen Howley| - By Rocio Fabbro|Sidelined Buyers Are Getting Tired of Waiting for Home Prices, Mortgage Rates to Drop
The expense of buying a home has forced people to stay put, but new survey results show a growing impatience
By Rocio Fabbro| - By Helen Reis|Grieving the Loss of Pandemic Mortgage Rates: Will We Reach the ‘Acceptance’ Stage?
Even though rates appear to have peaked, no one is predicting they’ll get a lot lower
By Kathleen Howley| - By Kathleen Howley|Here’s One Bit of Good News Given High Mortgage Rates
The threshold for conforming mortgage loans (which tend to have lower interest rates) will go up to $766,550 from $726,200 next year
By Kathleen Howley| - By Kathleen Howley|Mortgage Rates Fall to 2-Month Low as Inflation Woes Ease
The average for a 30-year loan fell to 7.29% this week
By Kathleen Howley| - By Helen Reis|Mortgage Rates Fall for the Third Week, Erasing October’s Spike
The average for a 30-year mortgage is now 7.44%, according to Freddie Mac
By Kathleen Howley| - By Kathleen Howley|Mortgage Rates Were Once 18%. Here’s Why You’re Still Worse Off Now
Even though interest rates were far higher 40 years ago, property prices are a lot higher now, relative to household income
By Kathleen Howley| - By Bruce Gil|Mortgage Rates Are So High That It’s Cheaper to Rent Than Buy: Report
The median U.S. rent is almost never cheaper than the typical monthly mortgage payment
By Bruce Gil| - By Helen Reis|Mortgage Rates Could Reach 8%, Leading Economist Says
Fewer and fewer homes are selling as borrowing costs squeeze budgets
By Kathleen Howley| - By Al Lewis|Fed Unanimously Votes to Hold Interest Rates Steady But Leaves Room for More Hikes
Chairman Powell said the central bank plans to keep pumping the brakes on the US economy
By Al Lewis and Ben White| - By Donald Gilliland|Three Issues That Could Make the Difference for Joe Biden in 2024
A successful presidential reelection campaign is far different from a first-term campaign
By Mark Penn| - By Thornton McEnery|Angelo Mozilo, Face of the Subprime Mortgage Crisis, Dead at 84
The founder and CEO of mega-lender Countrywide Financial Corp. became a key villain of the 2008 recession
By Thornton McEnery|
